THE MISSION OF MERCYHEALTH DEVELOPMENT FOUNDATION, INC. IS "EXCEPTIONAL HEALTH CARE SERVICES WITH A PASSION FOR MAKING LIVES BETTER". WITH A VISION OF QUALITY - EXCELLENCE IN PATIENT CARE, SERVICE - EXCEPTIONAL PATIENT AND CUSTOMER CARE, PARTNERING - BEST PLACE TO WORK AND - COST-EFFECTIVE CARE AND A COMMITMENT TO THE VALUES OF: HEALING IN THE BROADEST SENSE, PATIENTS COME FIRST, TREAT EACH OTHER LIKE FAMILY AND ALWAYS SEEK EXCELLENCE. THE MERCYHEALTH DEVELOPMENT FOUNDATION, INC. ASSISTS IN THIS MISSION BY USING ITS RESOURCES TO SUPPORT ALL AFFILIATED ENTITIES TO HELP THEM FULFILL THEIR COMMITMENT TO THIS MISSION.
Executive compensation
Form 990 · Part VII & Schedule J · 4 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Illinois.
| Position | Total |
|---|---|
President/ceo (see Pages 41-46) Above 90th percentile | $6.8M $7.5M |
Vp/cfo (term 01/2025) Officer (Unspecified) | $88k $97k |
Vp-revenue Cycle Officer (Unspecified) | $61k $67k |
Director/physician Board Member Median to 75th percentile | $34k $37k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 10 unpaid individuals.
Browse compensation in Philanthropy, Voluntarism & Grantmaking →
Top pay as a share of expenses
In 2023, the highest total compensation at MERCYHEALTH DEVELOPMENT FOUNDATION INC equaled 325% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.
Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.
Funded by
Private foundations whose Form 990-PF Part XV grants matched this organization.
Top compensation, year by year
From $431k in 2022 to $6.8M in 2023.
Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Chief Executive Officer pay rose 1468% from 2022 to 2023, while revenue rose 311%.
- Board Member pay rose 14% from 2022 to 2023.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about MERCYHEALTH DEVELOPMENT FOUNDATION INC
What does the Chief Executive Officer of MERCYHEALTH DEVELOPMENT FOUNDATION INC earn?
In 2023, the Chief Executive Officer of MERCYHEALTH DEVELOPMENT FOUNDATION INC received $6,756,093 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Philanthropy, Voluntarism & Grantmaking organizations in Illinois: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.
How does Chief Executive Officer pay at MERCYHEALTH DEVELOPMENT FOUNDATION INC compare with similar nonprofits?
Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Illinois, the 2023 pay of the Chief Executive Officer at MERCYHEALTH DEVELOPMENT FOUNDATION INC falls in the top 10%. In 2023, the highest total compensation at MERCYHEALTH DEVELOPMENT FOUNDATION INC equaled 325% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.
What are MERCYHEALTH DEVELOPMENT FOUNDATION INC's revenue and expenses?
In 2023, MERCYHEALTH DEVELOPMENT FOUNDATION INC reported $8.9M in total revenue and $2.1M in total expenses on its IRS Form 990.
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